4129 Chevy Chase Dr - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90039- Atwater Village
$1,885,000 USD
213-233-4393
4129 Chevy Chase Dr, Los Angeles, CA for Sale
$1,885,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | Request Cap Rate

4129 Chevy Chase Dr
Los Angeles, CA 90039
Atwater Village


HIGHLIGHTS

  • Excellent owner/user opportunity in Atwater Village
  • Ideally located on the border of Atwater Village and Glendale
  • ±3,605 SF building on a ±7,000 SF Lot
  • (1) commercial unit + (2) residential units. All structures are detached from one another
  • Front commercial unit and Unit 4131 Chevy Chase Dr. delivered vacant at COE
  • The entire property underwent an extensive renovation, completed in 2024

OVERVIEW

The Dilanian Commercial Group of RE/MAX Commercial & Investment Realty is pleased to present 4129 Chevy Chase Drive, a mixed-use investment opportunity located in the heart of Atwater Village, directly bordering the City of Glendale. Ideal property for owner-user, for Live+Work+Rental Income, to operate business in front commercial space, live in detached dwelling, and rent rear detached ADU. Rear ADU currently is rented by residential tenant; front commercial space and middle detached dwelling to be delivered vacant to buyer. Front commercial unit is allowed for general retail commercial use, formerly a mini-market through 2021, rehabilitated extensively by seller with flex-space and roof deck addition, permits from 2023-2024, and currently used as auxiliary office space. Detached dwelling was formerly a 1-bedroom bungalow, extensively remodeled with permitted addition to 2-bedroom unit with private yard. Detached garage in rear converted to 1-bedroom large ADU unit, with permitted addition, private yard. Gated secure property, camera system of entire property for security. Gated secured parking for up to 4 vehicles. All permits pertaining to 2023-2024 extensive remodeling and additions, approved plans for construction, and current Certificates of Occupancy are available and can be shared with interested buyers. Please contact listing agent to schedule a tour of the property and facilities. **All offers must be submitted on a C.A.R. Commercial contract along with a POF & SREO**

FOR SALE DETAILS

PRICE

$1,885,000 USD

PRICE/SF

$523 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

R1-1-RIO

APN/PARCEL ID

5593-025-011

ASK ABOUT THIS PROPERTY

Patrick DilanianRE/MAX Commercial & Investment RealtyMore Info
213-233-4393

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Patrick DilanianRE/MAX Commercial & Investment RealtyMore Info
213-233-4393

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.